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Nonprofit · EIN 36-2326042

ILLINOIS HARNESS HORSEMENS ASSOCIATION INC

Tax-exempt · HINSDALE, IL 60521

Financials

$655K$608K2023$646K$713K2024
Revenue Expenses · by fiscal year end
Financials of ILLINOIS HARNESS HORSEMENS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$646,399$712,912-$66,513$608,308$104,089$504,219
December 31, 2023990$655,155$607,503$47,652$692,796$122,064$570,732
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,000
Program service revenue
$631,360
Investment income
$8,039
Other revenue
$2,000

Expenses

Grants and similar amounts paid
$1,713
Compensation of officers, directors and key employees
$140,562
Other salaries and wages
$19,998
Salaries, compensation and benefits (total)
$170,597
Professional fundraising fees
$0
Accounting fees
$15,500
Occupancy
$16,796
Travel
$7,076

Balance sheet and other

Total assets, start of year
$692,796
Total assets, end of year
$608,308
Total liabilities, end of year
$104,089
Net assets, end of year
$504,219
Net assets without donor restrictions
$504,219
Gross receipts
$646,399
Employees
2
Volunteers
0
Year formed
1951
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TONY SOMONEEXECUTIVE DIRECTOR
Officer
40$107,000$32,680
JEFF DAVISDIRECTOR/PRESIDENT
Trustee or director, Officer
5$0$0
CASEY LEONARDDIRECTOR/1ST VICE PRESIDENT
Trustee or director, Officer
5$0$0
CRAIG GRUMMELDIRECTOR/2ND VICE PRESIDENT
Trustee or director, Officer
5$0$0
AL BEALSDIRECTOR/TREASURER
Trustee or director, Officer
5$0$0
DAVID BRINKDIRECTOR/ASS'T TREASURER
Trustee or director, Officer
5$0$0
CLARK FAIRLEYDIRECTOR/SECRETARY
Trustee or director, Officer
5$0$0
MERV CHUPPDIRECTOR
Trustee or director
1$0$0
MARTY ENGELDIRECTOR
Trustee or director
1$0$0
JUAN FRANCODIRECTOR
Trustee or director
1$0$0
GERALD HANSENDIRECTOR
Trustee or director
1$0$0
KYLE HUSTEDDIRECTOR
Trustee or director
1$0$0
JEFF JONESDIRECTOR
Trustee or director
1$0$0
GARY RATHDIRECTOR-PAST
Trustee or director
1$0$0
STEVE SEARLEDIRECTOR
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
ED TEEFEYDIRECTOR
Trustee or director
1$0
HOSEA WILLIAMSDIRECTOR-NEW
Trustee or director
1$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
TONY SOMONEEXECUTIVE DIRECTOR
Officer
40$107,000$29,749
JEFF DAVISDIRECTOR/PRESIDENT
Trustee or director, Officer
5$0$0
CASEY LEONARDDIRECTOR/1ST VICE PRESIDENT
Trustee or director, Officer
5$0$0
CRAIG GRUMMELDIRECTOR/2ND VICE PRESIDENT
Trustee or director, Officer
5$0$0
AL BEALSDIRECTOR/TREASURER
Trustee or director, Officer
5$0$0
DAVID BRINKDIRECTOR/ASS'T TREASURER
Trustee or director, Officer
5$0$0
CLARK FAIRLEYDIRECTOR/SECRETARY
Trustee or director, Officer
5$0$0
MERV CHUPPDIRECTOR
Trustee or director
1$0$0
MARTY ENGELDIRECTOR
Trustee or director
1$0$0
JUAN FRANCODIRECTOR
Trustee or director
1$0$0
GERALD HANSENDIRECTOR
Trustee or director
1$0$0
KYLE HUSTEDDIRECTOR
Trustee or director
1$0$0
JEFF JONESDIRECTOR-NEW
Trustee or director
1$0$0
GARY RATHDIRECTOR
Trustee or director
1$0$0
STEVE SEARLEDIRECTOR
Trustee or director
1$0$0
ED TEEFEYDIRECTOR
Trustee or director
1$0$0
HOSEA WILLIAMSDIRECTOR-PAST
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
15 SPINNING WHEEL RD, HINSDALE, IL 60521-2914
Principal officer (990 for 2024)
AL BEALS, 15 SPINNING WHEEL ROAD 432, HINSDALE, IL 60521
Signed the 990
TONY SOMONE, EXECUTIVE DIRECTOR
Phone
(630) 323-0808
Return prepared by
LEGACY PROFESSIONALS LLP

Mission

TO PRESERVE, PROMOTE AND MAINTAIN HARNESS HORSE RACING IN THE STATE OF ILLINOIS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ILLINOIS HARNESS HORSEMEN'S ASSOCIATION IS A NOT-FOR-PROFIT ORGANIZATION DESIGNED TO PRESERVE, PROMOTE AND MAINTAIN HARNESS HORSE RACING IN THE STATE OF ILLINOIS BY REPRESENTING OWNERS, BREEDERS, TRAINERS, DRIVERS AND CARETAKERS/GROOMS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-2326042
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$608,308
Income (IRS master file)
$646,399

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$646,399$712,912$608,308XML
990December 2023$655,155$607,503$692,796XML
990December 2022$641,844$575,446$587,695IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-2326042).

Questions about ILLINOIS HARNESS HORSEMENS ASSOCIATION INC

What is the EIN of ILLINOIS HARNESS HORSEMENS ASSOCIATION INC?
The employer identification number (EIN) of ILLINOIS HARNESS HORSEMENS ASSOCIATION INC is 36-2326042.
Is ILLINOIS HARNESS HORSEMENS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2020.
Are donations to ILLINOIS HARNESS HORSEMENS ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ILLINOIS HARNESS HORSEMENS ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ILLINOIS HARNESS HORSEMENS ASSOCIATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ILLINOIS HARNESS HORSEMENS ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ILLINOIS HARNESS HORSEMENS ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names AL BEALS.
Who are the officers and directors of ILLINOIS HARNESS HORSEMENS ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 17 people; 1 received compensation from the organization, the highest $107,000 (TONY SOMONE, EXECUTIVE DIRECTOR).
How much revenue does ILLINOIS HARNESS HORSEMENS ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $646,399, expenses of $712,912 and total assets of $608,308 at year end.

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